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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash, cash equivalents, and restricted cash $ 106.4 $ 99.8
Receivables, less allowances of $10.4 and $7.1, respectively 256.8 259.1
Inventories 198.5 183.8
Prepaid and other current assets 38.0 33.9
Total current assets 599.7 576.6
Property, plant and equipment, less accumulated depreciation of $289.0 and $310.9, respectively 189.8 184.4
Operating lease assets 56.9 54.6
Goodwill 208.6 185.6
Intangible assets, net 52.6 58.7
Other assets 161.3 130.2
Total assets 1,268.9 1,190.1
LIABILITIES AND TOTAL EQUITY    
Current portion of long-term debt 0.4 1.3
Accounts payable 127.5 126.9
Employee compensation and benefits 40.9 53.1
Other current liabilities 124.3 110.9
Total current liabilities 293.1 292.2
Long-term debt 273.2 198.2
Long-term operating lease liabilities 35.5 36.3
Employee-related benefits 15.7 13.5
Deferred income taxes 3.3 4.9
Other liabilities 44.7 22.9
Total long-term liabilities 372.4 275.8
Total liabilities 665.5 568.0
Commitments and contingencies (Note 17)
Common stock, $0.375 par value per share, 60,000,000 shares authorized; 17,846,681 and 18,849,456 issued and outstanding, respectively 6.7 7.1
Additional paid-in capital 0.0 76.7
Retained earnings 628.1 609.7
Accumulated other comprehensive loss (33.2) (72.7)
Total Tennant Company shareholders' equity 601.6 620.8
Noncontrolling interest 1.8 1.3
Total equity 603.4 622.1
Total liabilities and total equity $ 1,268.9 $ 1,190.1